EU Bans Russian Crypto and Digital Ruble from May 24
The EU's 20th sanctions package bans Russian crypto platforms, RUBx stablecoin, and the digital ruble from May 24, 2026. Here's what it means for EU residents.
Russia
Russia plays a complex role in the cryptocurrency and Web3 sector. Although the government has adopted an ambiguous stance on crypto regulation, the country is home to one of the most active blockchain developer communities. Moscow and other Russian cities are innovation centres for blockchain, with companies working on smart contracts, DeFi and digital payment solutions.
20 Posts
Russia: Sberbank Ready for Crypto Trading by July 2026
Sberbank, Russia's largest bank with 110 million customers, says it is technically ready for crypto trading — pending legislation expected by July 2026.
Grinex Hacked: $13 Million Stolen from Sanctioned Russian Exchange
Grinex, the sanctioned successor to Garantex, lost $13–15M in a cyberattack on April 16, 2026. Russia blames Western intelligence — but on-chain data tells a di
Russia blocks crypto sites with IPR: silent censorship
Russia intensifies crypto media blocking via Deep Packet Inspection (DPI). An investigation by Outset PR reveals selective censorship imposed by ISPs under the control of Roskomnadzor.
Garantex: Russian Exchange Under Sanctions Moving Millions Under Track
The Russian exchange Garantex is back in operation despite sanctions and seizures, moving millions through mixing, cross-chain and state stablecoin.
Crypto-Sanctions: Russian Network Moves Over $8 Billion
Elliptic's 26 September report reveals how sanctioned Russian entities, through a wallet network run by fugitive Ilan Shor, moved more than $8 billion in digital assets, circumventing Western restrictions and relying on stablecoins such as USDT.
Ukraine legalises crypto with new tax
Ukraine passes a law to legalise and tax cryptocurrencies, introducing clear rules on the digital market.
OFAC sanctions stablecoin ruble A7A5, 13% fall
The United States sanctioned the ruble-anchored stablecoin A7A5. Since OFAC's announcement, the token has lost 13% of its value.
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